NOT LISTED FOR SALE

428 Summit Way Norman, OK 73071

Southeast Norman Neighborhood

Estimated Value: $375,000 - $425,000

4 Beds
3.5 Baths
2,812 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $285,000 $101 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,614/month

88 Days on Market

Highlights

  • 0.41 Acre Lot
  • Traditional Architecture
  • Bonus Room
  • Washington Elementary School Rated A-
  • Wood Flooring
  • Workshop

About This Home

As of July 2016

New paint, new carpet. Can be 3 bedroom,study & bonus room or 4 bedroom & bonus room, or 5 bed rooms Bonus room has massive closet & full bath. Water heater is 75 gallon.

Last Listed By

Andy Newman

Community Real Estate Listed on: 02/29/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 2005

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Wood Fence

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,812 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Bonus Room
  • Workshop
  • Inside Utility
  • Laundry Room
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include greenbelt
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 32 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,509

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Traditional
  • Property Sub Type: Single Family
  • Association Fee Includes: Greenbelt
  • Dining Areas: 2
  • Inlaw Plan Yn: Yes
  • Legal Addition: Summit Lakes 6
  • Mandatory Association Dues Yn: Yes
  • Mechanical Features: Garage Door Lift, Security System
  • Oven Energy: Electric
  • Property Level: One and one-half
  • Range Energy: Electric
  • Section: 34
  • Special Zoning District Yn: No
  • Storm Shelter: No
  • Third Party Comments: No
  • Year Built: 2005
  • Year Built Type: Existing
  • Special Features: None

Interior Features

  • Floors: Carpet, Tile, Wood
  • Fireplace Description: Gas Logs
  • Appliances: Dishwasher, Disposal, Microwave
  • Interior Amenities: Laundry Room, Ceiling Fan
  • Fireplaces: 1
  • Room Count: 5
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Areas: 2
  • Other Rooms: Bonus, Inside Utility, Workshop
  • Oven Type: Builtin
  • Range Type: Builtin
  • Total Sq Ft: 2812

Exterior Features

  • Construction: Brick
  • Pool: No
  • Exterior Features: Outbuildings, Workshop
  • Fence: Wood, All
  • Foundation: Slab
  • Roof: Heavy Comp

Garage/Parking

  • Garage Capacity: 3
  • Garage Description: Attached
  • Parking: Concrete Drive

Utilities

  • Cooling System: Central Elec
  • Heat System: Central Gas
  • Utilities Available: Cable, Electric, Gas, Public Utilities

Condo/Co-op/Association

  • Association Fee: 300

Lot Info

  • Acres: 0.4100
  • Land Sq Ft: 17860
  • Lot Description: Cul-de-Sac

Tax Info

  • Tax Block: 3
  • Tax Lot: 32

MLS Schools

  • School District: Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Jul 20, 2016
Sold by
Harness Ricky L and Harness Stacey L
Bought by
Westmoreland Justin M and Westmoreland Meredith G
Seller's Agent
Andy Newman
Community Real Estate
Buyer's Agent
Dianne Klein
Metro Brokers of OK Siano & Co
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Total Days on Market
88
Current Estimated Value
$395,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,482
Avg. Annual Appreciation
3.78%
Original Mortgage
$239,000
Outstanding Balance
$193,615
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$201,867

Purchase Details

Closed on
Jul 27, 2010
Sold by
Escobar Renita M and Escobar Byron D
Bought by
Harness Ricky L and Harness Stacey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2007
Sold by
Escobar Byron D and Escobar Renita M
Bought by
Escobar Family Revocable Trust

Purchase Details

Closed on
Mar 18, 2005
Sold by
Summit Lakes Llc
Bought by
Escobar Byron D and Escobar Renita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Westmoreland Justin M $285,000 None Available
Harness Ricky L $275,000 Fa
Escobar Family Revocable Trust -- None Available
Escobar Byron D $36,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westmoreland Justin M $239,000
Previous Owner Harness Ricky L $247,500
Previous Owner Escobar Byron D $221,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $285,000 -5.0% $101 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $299,900 -- $107 / Sq Ft
Source: MLSOK

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,509 $37,648 $6,316 $31,332
2023 $4,305 $35,855 $7,046 $28,809
2022 $3,932 $34,148 $6,707 $27,441
2021 $3,948 $32,522 $4,200 $28,322
2020 $3,863 $32,522 $4,200 $28,322
2019 $3,929 $32,522 $4,200 $28,322
2018 $3,811 $32,522 $4,200 $28,322
2017 $3,852 $32,522 $0 $0
2016 $3,180 $26,400 $4,200 $22,200
2015 $3,169 $27,132 $4,200 $22,932
2014 $3,200 $27,132 $4,200 $22,932
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Andy Newman

    Community Real Estate

    (405) 630-7058

    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Tony Graham

    Weichert Realtors Centennial

    (405) 740-2034

    10 in this area

    62 Total Sales

    Tony Graham
    Section Image
  • Dianne Klein

    Buyer's Agent in 2016

    Dianne Klein

    Metro Brokers of OK Siano & Co

    (405) 203-2511

    1 in this area

    25 Total Sales

    Dianne Klein
    Section Image
See All Agents

Map

Source: MLSOK

MLS Number: 720028

MLSOK

APN: R0141392

Oklahoma Cleveland County Norman 73071 Southeast Norman

428 Summit Way, Norman, OK

Homes for Sale in Norman, OK

This home is located at 428 Summit Way, Norman, OK 73071 since 29 February 2016 and is currently estimated at $395,482, approximately $140 per square foot. This property was built in 2005. 428 Summit Way is a home located in Cleveland County with nearby schools including Washington Elementary School, Irving Middle School, and Norman High School.

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